Agenda item - Response to notice of motion from October Council

1)             Cabinet notes the information set out in section 3 of this report, setting out exposure of ESPF, the Councils treasury investments, and our freehold landholdings to ‘involved companies’. ‘Involved companies’ refers to the United Nations Office of the High Commissioner for Human Rights (OHCHR) list that has been compiled of companies that operate in illegal settlements in the West Bank.

2)             Cabinet agrees that, as part of the implementation of Local Government Reorganisation in Sussex, we will recommend that Brighton and Hove City Council has more representation on governance and oversight arrangements for the East Sussex Pension Fund or any replacement Fund.

132.1   Cabinet considered a report that provided an update following the motion agreed at Council in October 2025 requesting officers to bring a report to Cabinet detailing any exposure of the East Sussex Pension Fund, of our treasury management and of our freehold landholdings to ‘involved companies’. The report also provides further information on governance arrangements for the East Sussex Pension Fund and national legislative changes that impact on Local Authority Pension Funds across the country.

132.2   Councillors Sankey, Muten and Taylor asked questions and contributed to the debate of the report.

132.3   Resolved-

1)             Cabinet notes the information set out in section 3 of this report, setting out exposure of ESPF, the Councils treasury investments, and our freehold landholdings to ‘involved companies’. ‘Involved companies’ refers to the United Nations Office of the High Commissioner for Human Rights (OHCHR) list that has been compiled of companies that operate in illegal settlements in the West Bank.

2)             Cabinet agrees that, as part of the implementation of Local Government Reorganisation in Sussex, we will recommend that Brighton and Hove City Council has more representation on governance and oversight arrangements for the East Sussex Pension Fund or any replacement Fund.